21455 SW 112 AVE, Cutler Bay, FL 33189

Parcel: 3060070330010 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 3800

Assessed Value (2025)
$8,000,000

Property Details

Beds
12
Baths
12
Living Sqft
57,480
Year Built
2021
Lot Sqft
98,007
Stories
2
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS

Tax Assessment History

$8,000,000
Assessed (2025)
$8,000,000
Market Value
$8,000,000
Taxable Value
$162,874
Annual Tax
2024
$8,281,000
2025
$8,000,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $8,000,000 $8,000,000 $8,000,000 $162,874
2024 $8,281,000 $8,281,000 $8,281,000 $168,595

About 21455 SW 112 AVE, Cutler Bay, FL 33189

21455 SW 112 AVE, Cutler Bay, FL 33189 is a 12-bedroom, 12-bathroom multifamily 10 units plus : multifamily 3 or more units built in 2021 with 57,480 square feet of living space on a 98,007 square foot lot. The property is currently owned by PALM BAY TOWNHOMES LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The 2025 assessed value is $8,000,000 with a market value of $8,000,000. This breaks down to $980,070 for the land and $7,019,930 for the building. The assessed value decreased 3% from $8,281,000 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $71,250, and the median home value is $381,900.

The population density is 6,352 people per square mile. There are active mortgage liens totaling $3,100,000 recorded against this property. 21455 SW 112 AVE, Cutler Bay, FL 33189 is located in Cutler Bay, Florida.

Property records, tax assessments, sales history, and ownership information for this Cutler Bay property are sourced from miami_dade County public records..

Current Owner

PALM BAY TOWNHOMES LLC
PO BOX 668318, MIAMI, FL, 33166
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$48,400 — $80,800
Flood $400 — $800
Property/Wind $48,000 — $80,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$71,250
Median Home Value$381,900
Pop. Density6,352/sq mi

Neighborhood 21455

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
10
View full risk analysis →

Mortgages

ACTIVE
$3,100,000
POPULAR BANK · 2022-09-23
1 satisfied mortgage
SATISFIED 2021-10-08
$4,500,000
POPULAR BANK
Est. Total Balance $3,100,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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